November 28, 2017
Bankrupt mobile broadband provider Limitless Mobile LLC received court approval of its third amended Chapter 11 plan Tuesday in Delaware, just hours after receiving last-minute government approval for a critical settlement agreement that paved the way to a consensual hearing.
November 27, 2017
Bankrupt mobile broadband provider Limitless Mobile LLC's proposed Chapter 11 plan will hinge on the outcome of a longstanding fight over the size of the federal government's claim, after a last-minute settlement fell through ahead of a confirmation hearing Tuesday in Delaware bankruptcy court.
November 21, 2017
Bankrupt mobile broadband provider Limitless Mobile LLC on Tuesday in Delaware delayed a confirmation hearing on its third amended Chapter 11 liquidation plan for one week in hopes of receiving approval from the federal government during that time on a settlement deal that is critical to the plan.
November 09, 2017
Bankrupt mobile broadband provider Limitless Mobile LLC reached a deal Thursday with its unsecured creditors and the U.S. Department of Agriculture over the status of secured claims lodged by the government on account of grants and loans made to Limitless to build out its wireless network in Pennsylvania.
October 20, 2017
The U.S. Department of Agriculture asked a Delaware bankruptcy court Thursday to temporarily allow $34 million worth of claims in defunct Limitless Mobile LLC's restructuring so that it can vote on a proposed Chapter 11 plan, saying an adversary proceeding challenging those claims "lacks merit."
October 05, 2017
Bankrupt broadband service provider Limitless Mobile LLC told a Delaware judge Thursday that it needed the help of a member of the bankruptcy bench to mediate issues over the federal government's purported liens relating to a loan and grant that helped the debtor build out its network in central Pennsylvania.
July 14, 2017
The official committee of unsecured creditors in Limitless Mobile LLC's bankruptcy case launched an adversary action Friday in Delaware bankruptcy court, challenging roughly $43 million of the rural wireless carrier's debt by seeking to have some of it reclassified as unsecured and the rest tossed out.
June 21, 2017
The unsecured creditors of bankrupt Limitless Mobile LLC pushed back on Wednesday against the company's request for a new $2 million debtor-in-possession loan to fund its ongoing reorganization efforts, telling a Delaware bankruptcy court it's time to shut down the "failed" and "cash-burning" venture.
January 10, 2017
The unsecured creditors of bankrupt wireless communications firm Limitless Mobile LLC objected Tuesday to the company's attempt to reject more than 100 cell tower leases and abandon the wireless equipment mounted on the towers, saying it should wait until the end of January.
January 04, 2017
Bankrupt rural wireless carrier Limitless Mobile LLC resolved objections from unsecured creditors Wednesday on its requests for post-petition financing and the use of lenders' cash collateral, clearing the way for a Delaware bankruptcy judge to grant final approval for the measures.